Annonce • Aug 01
Kolibri Global Energy Inc. to Report Q2, 2026 Results on Aug 13, 2026 Kolibri Global Energy Inc. announced that they will report Q2, 2026 results Pre-Market on Aug 13, 2026 Annonce • Jun 29
Kolibri Global Energy Inc. Revises Earnings and Production Guidance for the Year 2026 Kolibri Global Energy Inc. revised earnings and production guidance for the year 2026. For the period, the company expects revenue USD 78 million to USD 84 million, an increase of 37% to 48% from fiscal year 2025 and expected average production of 4,700 to 5,200 boepd, an increase of 17% to 30% from fiscal year 2025. Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$5.39, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 54% over the past three years. Reported Earnings • May 15
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$0.11 (down from US$0.16 in 1Q 2025). Revenue: US$19.6m (up 20% from 1Q 2025). Net income: US$4.03m (down 30% from 1Q 2025). Profit margin: 21% (down from 35% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Annonce • May 11
Kolibri Global Energy Inc. to Report Q1, 2026 Results on May 14, 2026 Kolibri Global Energy Inc. announced that they will report Q1, 2026 results Pre-Market on May 14, 2026 Board Change • May 07
High number of new directors Independent Director Lee Canaan was the last director to join the board, commencing their role in the last week. Annonce • May 05
Kolibri Global Energy Inc. Announces Board of Directors Appointments Kolibri Global Energy Inc. at its Annual General Meeting held on May 4, 2026, appointed Glen Brown, Lee Canaan and Murray Grigg to the board of directors. Annonce • Mar 30
Kolibri Global Energy Inc., Annual General Meeting, May 04, 2026 Kolibri Global Energy Inc., Annual General Meeting, May 04, 2026. Annonce • Mar 28
Kolibri Global Energy Inc. Announces Evan Templeton, Douglas Urch, and Leslie O’Connor Will Not Stand for Re-Election Kolibri Global Energy Inc. announced that current directors Evan Templeton (Chairman), Douglas Urch, and Leslie O’Connor will not stand for re-election at the AGM to be held on May 4, 2026. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$5.62, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Oil and Gas industry in the US. Total returns to shareholders of 34% over the past three years. Reported Earnings • Mar 19
Full year 2025 earnings released: EPS: US$0.44 (vs US$0.51 in FY 2024) Full year 2025 results: EPS: US$0.44 (down from US$0.51 in FY 2024). Revenue: US$57.4m (down 2.1% from FY 2024). Net income: US$15.5m (down 15% from FY 2024). Profit margin: 27% (down from 31% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annonce • Mar 18
Kolibri Global Energy Inc. to Report Fiscal Year 2025 Results on Mar 19, 2026 Kolibri Global Energy Inc. announced that they will report fiscal year 2025 results Pre-Market on Mar 19, 2026 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$4.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Oil and Gas industry in the US. Total returns to shareholders of 11% over the past three years. Price Target Changed • Mar 02
Price target increased by 14% to US$8.00 Up from US$7.00, the current price target is provided by 1 analyst. New target price is 100% above last closing price of US$4.01. Stock is down 47% over the past year. The company is forecast to post earnings per share of US$0.45 for next year compared to US$0.51 last year. New Risk • Jan 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Annonce • Jan 13
Kolibri Global Energy Inc. Provides Operations Update on Latest Wells in Oklahoma Energy Field Kolibri Global Energy Inc. provided an operations update on its latest wells in its Tishomingo field in Oklahoma. BARNES WELLS; The Barnes 6-31-2H and Barnes 6-4H wells (both 100% working interest) have been on production for approximately 30 days. The 1.5 mile lateral Barnes 6-31-2H well averaged 634 Barrels of oil equivalent per day ("BOEPD") (529 barrels of oil per day ("BOPD") over the last five days and had a 30-day average rate of 529 BOEPD (448 BOPD). The 1 mile lateral Barnes 6-4H well averaged 451 BOEPD (374 BOPD) over the last five days and had a 30-day average rate of 452 BOEPD (374 BOPD). The Barnes wells continue to produce high percentages of oil (~83%), much like the Lovina wells the Company drilled earlier this year. As expected, the Barnes 6-31-2H production rate has improved since the Company's initial press release and the Barnes 6-4H production has remained quite steady. On a comparable lateral length basis, these wells are producing at a BOEPD rate that is 22% higher than the Lovina wells were producing at the same time in their production life. VELIN WELLS; The two 1-mile lateral Velin wells (97% working interest), which were fracture stimulated immediately prior to the Barnes wells, and started flowing back after the Barnes wells' fracture stimulations were completed, are continuing to improve. The Velin 12-9H well averaged 283 BOEPD (198 BOPD) over the last five days and had a 30-day average rate of 257 BOEPD (187 BOPD). The Velin 12-10H well averaged 233 BOEPD (166 BOPD) over the last five days and had a 30-day average rate of 176 BOEPD (125 BOPD). The Velin wells are still improving and continue to act differently than the typical wells in the field. There are some differences between these wells and the Company's offsetting wells. One is that the Velin wells were shut in longer than our normal time after fracture stimulations were complete. This was due to the close proximity of all four wellbores, and as a result, the wells needed to stay shut-in while the Barnes wells were being fracture stimulated. While that is standard industry practice, it may be a contributing factor to the lower early production rates and the slower cleanup. Additionally, while the formation analysis of these wells is comparable to that of the offsetting wells, there is the presence of increased natural healed fractures and small- scale faulting, which appears unique to this location, potentially due to being adjacent to a large structural uplift. Annonce • Dec 24
Kolibri Global Energy Inc. Provides Operations Update on its Latest Wells in its Tishomingo Field in Oklahoma Kolibri Global Energy Inc. provided an operations update on its latest wells in its Tishomingo field in Oklahoma. The field, with the addition of the new Barnes and Velin wells, is currently producing over 6,000 Barrels of oil equivalent per day ("BOEPD"). This current production rate includes the offsetting wells that were shut in for the fracture stimulations, some of which are dewatering, while others are producing at higher rates than before being shut in. The Barnes 6-31-2H, Barnes 6-4H (formerly called Barnes 6-31-3H), Velin 12-9H, and Velin 12-10H were all successfully fracture stimulated with all planned proppant amounts placed and have started flowing back the fracture stimulation fluid. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas. The Company's internal analysis utilized the same methodology used in the IQRE report. The forecasted ultimate oil recovery matches the oil recovery forecasted by the IQRE, while the Company's forecasted ultimate gas and NGL recovery falls below. Different pricing models were used in both analyses. Actual well costs were used in this analysis, and operating expenses and taxes were the same as in the IQRE report. the analysis shows thatovina wells are producing less gas and NGL's and slightly more oil than anticipated in the report. IRR is calculated from the net present value, generated from the forecast production, based on the decline curve, utilizing the respective pricing for oil, gas and NGL's as well as actual drilling costs and the operating expenses and taxes as used in the IQRE's report. Readers should be aware that the internal analysis and estimates disclosed in this news release are preliminary in nature and are not necessarily indicative of long-term performance or of ultimate recovery. Reported Earnings • Nov 13
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$0.10 (down from US$0.14 in 3Q 2024). Revenue: US$15.2m (up 17% from 3Q 2024). Net income: US$3.60m (down 29% from 3Q 2024). Profit margin: 24% (down from 39% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Annonce • Sep 29
Kolibri Global Energy Inc. to Report Q3, 2025 Results on Nov 12, 2025 Kolibri Global Energy Inc. announced that they will report Q3, 2025 results on Nov 12, 2025 Recent Insider Transactions • Sep 25
CFO & VP recently sold US$196k worth of stock On the 19th of September, Gary Johnson sold around 34k shares on-market at roughly US$5.77 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gary has been a net seller over the last 12 months, reducing personal holdings by US$387k. Price Target Changed • Aug 19
Price target decreased by 14% to US$9.00 Down from US$10.50, the current price target is provided by 1 analyst. New target price is 65% above last closing price of US$5.46. Stock is up 74% over the past year. The company is forecast to post earnings per share of US$0.57 for next year compared to US$0.51 last year. Reported Earnings • Aug 12
Second quarter 2025 earnings: EPS in line with expectations, revenues disappoint Second quarter 2025 results: EPS: US$0.08 (down from US$0.11 in 2Q 2024). Revenue: US$11.1m (down 20% from 2Q 2024). Net income: US$2.85m (down 30% from 2Q 2024). Profit margin: 26% (down from 29% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings. New Risk • Jul 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Significant insider selling over the past 3 months (US$191k sold). Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to US$8.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total returns to shareholders of 556% over the past three years. Recent Insider Transactions • Jun 11
CFO & VP recently sold US$133k worth of stock On the 6th of June, Gary Johnson sold around 19k shares on-market at roughly US$6.95 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gary's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$7.24, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total returns to shareholders of 259% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$14.17 per share. Reported Earnings • May 15
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.16 (up from US$0.094 in 1Q 2024). Revenue: US$16.4m (up 15% from 1Q 2024). Net income: US$5.77m (up 72% from 1Q 2024). Profit margin: 35% (up from 23% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$5.81, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 315% over the past three years. Annonce • May 07
Kolibri Global Energy Inc. Announces Lovina Wells Drilled 25% Faster Than the Previous 1.5 Mile Lateral Wells Kolibri Global Energy Inc. provided an operations update on its latest wells in its Tishomingo field in Oklahoma. The Lovina 9-16-1H, Lovina 9-16-2H, Lovina 9- 16-3H, and Lovina 9-16-4H wells have all been successfully drilled. Kolibri has a 100% working interest in the wells. These 1.5 mile lateral wells were drilled in an average of less than 10.5 days each. This compares to the 1.5 mile lateral wells, which were drilled in an average of 14 days each. The completion operations for these wells are scheduled to begin in the last week of May, with production anticipated to begin in early July. Forguson well is scheduled to be fracture stimulated after the Lovina wells have been completed. Annonce • Apr 15
Kolibri Global Energy Inc. to Report Q1, 2025 Results on May 14, 2025 Kolibri Global Energy Inc. announced that they will report Q1, 2025 results Pre-Market on May 14, 2025 New Risk • Apr 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$6.97, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 168% over the past three years. Reported Earnings • Mar 26
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: US$0.51 (down from US$0.54 in FY 2023). Revenue: US$58.7m (up 16% from FY 2023). Net income: US$18.1m (down 6.0% from FY 2023). Profit margin: 31% (down from 38% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 160 percentage points per year, which is a significant difference in performance. Annonce • Mar 26
Kolibri Global Energy Inc. Provides Earnings Guidance for the Year 2025 Kolibri Global Energy Inc. provided earnings guidance for the year 2025. The 2025 forecasted revenue of $75 million to $89 million is a 28% to 52% increase from 2024 actual revenue. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$9.57, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total returns to shareholders of 1,287% over the past three years. Annonce • Feb 18
Kolibri Global Energy Inc., Annual General Meeting, Apr 22, 2025 Kolibri Global Energy Inc., Annual General Meeting, Apr 22, 2025. Location: california, los angeles United States Annonce • Jan 15
Kolibri Global Energy Inc. Provides Earnings and Production Guidance for the Year 2025 Kolibri Global Energy Inc. provided earnings and production guidance for the year 2025. For the period, the company expects revenue to be in the range of USD 75 million to USD 89 million.
For the year, the company expects average production of 4,500 boepd to 5,100 boepd. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$5.55, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total returns to shareholders of 870% over the past three years. Annonce • Dec 05
Kolibri Global Energy Inc. Provides Further Update on Its Latest Wells in Its Tishomingo Field in Oklahoma Kolibri Global Energy Inc. provided a further update on its latest wells in its Tishomingo field in Oklahoma. Thirty-day Flow Rates: The initial thirty-day average production rate for the Alicia Renee 2-11-3H (“Alicia 3H”) was 1,062 Barrels of oil equivalent per day (“BOEPD“) (711 barrels of oil per day (“BOPD”)), the Alicia Renee, 2-11-4H (“Alicia 4H”) averaged 883 BOEPD (593 BOPD) and the Alicia Renee 2-11-5H (“Alicia 5H”) well averaged 706 BOEPD (474 BOPD). Current production is about 1,080 BOEPD, 980 BOEPD, and 800 BOEPD, for the Alicia 3H, Alicia 4H and Alicia 5H, respectively. Kolibri owns a 100% working interest in the wells, which were drilled at a 6-well per section spacing pattern with a lateral length of 1.5 miles. The average cost for the facilities, drilling, and completing these wells is estimated to be less than USD 6.3 million per well. These costs include the estimated future cost of
installing the tubing and other associated completion equipment into the wells. These estimated future costs are not expected to be incurred until next year, as the wells are still flowing up casing and do not appear to need the tubing installed until then. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$3.98, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Oil and Gas industry in the US. Total returns to shareholders of 352% over the past three years. Reported Earnings • Nov 14
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: US$0.14 (up from US$0.065 in 3Q 2023). Revenue: US$13.0m (up 2.1% from 3Q 2023). Net income: US$5.07m (up 119% from 3Q 2023). Profit margin: 39% (up from 18% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Annonce • Nov 12
Kolibri Global Energy Provides an Update on its Latest Wells in its Tishomingo Field in Oklahoma Kolibri Global Energy Inc. provided an update on its latest wells in its Tishomingo field in Oklahoma. Initial Flow Rates: The Alicia Renee 2-11-3H3H (‘Alicia 3H’), Alicia Renee, 2-11-4H (‘Alicia 4H’) and Alicia Renee 2-11-5H (‘Alicia 5H’) wells were all successfully drilled and completed in the Caney Formation and are currently flowing back the fracture stimulation fluid. The wells are still cleaning up, but over the last five days, the Alicia 3H well has averaged 1,049 Barrels of oil equivalent per day (‘BOEPD’) (720 barrels of oil per day (‘BOPD’)), the Alicia 4H well has averaged 845 BOEPD (590 BOPD) and the Alicia 5H well has averaged 630 BOEPD (435 BOPD). Even with the wells still cleaning up, current production is about 1,155 BOEPD, 950 BOEPD, and 715 BOEPD, for the Alicia 3H, Alicia 4H and Alicia 5H, respectively. Kolibri owns a 100% working interest in the wells, which were drilled at a 6-well per section spacing pattern. Annonce • Nov 08
Kolibri Global Energy Inc. to Report Q3, 2024 Results on Nov 12, 2024 Kolibri Global Energy Inc. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024 Annonce • Sep 18
Kolibri Global Energy Inc. Finishes Drilling Its First Three 1.5 Mile Lateral Wells Under Budget and Quicker Than Forecasted Kolibri Global Energy Inc. announced that it has finished drilling its first three 1.5 mile lateral wells in the Company's Tishomingo field in Oklahoma. Alicia Renee wells The Alicia Renee 2-11-3H, 2-11-4H, and 2-11-5H wells were drilled safely and under budget. The drilling averaged less than 14 days each, which was substantially less than budgeted 20 days. Completion work for all three wells is expected to begin in early October, with flowback anticipated in early November. All three wells will be completed at the same time. Kolibri has a 100% working interest in all three wells. Reported Earnings • Aug 15
Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint Second quarter 2024 results: EPS: US$0.11 (down from US$0.12 in 2Q 2023). Revenue: US$13.9m (up 38% from 2Q 2023). Net income: US$4.06m (down 4.9% from 2Q 2023). Profit margin: 29% (down from 42% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 75% per year, which means it is well ahead of earnings. Annonce • Aug 07
Kolibri Global Energy Inc. to Report Q2, 2024 Results on Aug 13, 2024 Kolibri Global Energy Inc. announced that they will report Q2, 2024 results After-Market on Aug 13, 2024 Annonce • May 16
Kolibri Global Energy Inc. Announces Eric Brown, Did Not Stand for Re-Election to the Board of Directors Kolibri Global Energy Inc. announced that at its AGM held on May 15, 2024 Eric Brown, did not stand for re-election to the board of directors. New Risk • May 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 29% Last year net profit margin: 58% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Annonce • May 10
Kolibri Global Energy Inc. to Report Q1, 2024 Results on May 13, 2024 Kolibri Global Energy Inc. announced that they will report Q1, 2024 results After-Market on May 13, 2024 Reported Earnings • May 03
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: US$0.54 (up from US$0.47 in FY 2022). Revenue: US$50.6m (up 35% from FY 2022). Net income: US$19.3m (up 16% from FY 2022). Profit margin: 38% (down from 44% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$3.54, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 12x in the Oil and Gas industry in the US. Total returns to shareholders of 403% over the past three years. Annonce • Apr 04
Kolibri Global Energy Inc. Begins Drilling Nickel Hill Wells Kolibri Global Energy Inc. announced that drilling is underway in the Company's Tishomingo field in Oklahoma. Drilling began this week on the Nickel Hill 35-1H well and will be followed by the rig sliding over to drill the Nickel Hill 35-2H well. The Company will have a 62.9% working interest in these wells, with a large integrated oil company participating with their ownership interest. Annonce • Mar 15
Kolibri Global Energy Inc., Annual General Meeting, May 15, 2024 Kolibri Global Energy Inc., Annual General Meeting, May 15, 2024. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$3.65, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Oil and Gas industry in the US. Total returns to shareholders of 347% over the past three years. Annonce • Jan 29
Kolibri Global Energy Inc. Provides Earnings and Production Guidance for the Year 2024 Kolibri Global Energy Inc. provided earnings and production guidance for the year 2024. For the period, the company expects revenue to be in the range of USD 60 million to USD 65 million.For the same period, the company expects average production of 3,500 boepd to 4,000 boepd. Annonce • Dec 22
Kolibri Global Energy Inc. Provides Earnings and Production Guidance for the Year 2023 Kolibri Global Energy Inc. provided earnings and production guidance for the year 2023. For the period, the company expects revenue to be in the range of USD 51 million to USD 53 million.For the same period, the company expects average production of 2,800 boepd to 3,000 boepd. Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: US$0.07 (vs US$0.26 in 3Q 2022) Third quarter 2023 results: EPS: US$0.07 (down from US$0.26 in 3Q 2022). Revenue: US$12.7m (up 29% from 3Q 2022). Net income: US$2.32m (down 75% from 3Q 2022). Profit margin: 18% (down from 94% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 53% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Nov 08
Kolibri Global Energy Inc. to Report Q3, 2023 Results on Nov 13, 2023 Kolibri Global Energy Inc. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023 Annonce • Oct 19
Kolibri Global Energy Inc. Appoints Douglas Urch as the Newest Member of Its Board of Directors Kolibri Global Energy Inc. appointed Douglas Urch as the newest member of its Board of Directors. Douglas Urch is a Chartered Professional Accountant (CPA) and a member of the Institute of Corporate Directors (ICD) with a degree in Commerce. He has been involved in the oil and gas industry for over 35 years. Mr. Urch has been a Director for several listed (TSX & AIM) and private companies, specializing in financial management guidance. Since 2019, Mr. Urch has been the Executive Vice President & Chief Financial Officer for PetroTal Corp, having previously served as a Director and Board Chair from 2017 to 2019. Annonce • Sep 07
Kolibri Global Energy Inc. Provides Operations Update Kolibri Global Energy Inc. provided an operations update for its Tishomingo field in Oklahoma. Drilling and Completion Operations: The Barnes 7-4H and 7-5H wells were successfully drilled and cased in the Lower Caney formation safely and under budget. The drilling rig is currently moving over to the Emery pad for the drilling of the next two Lower Caney wells and a T-zone well. The first of these next three wells, the Emery 17-3H, is expected to begin drilling within the week. The Barnes 7-4H and 7-5H are scheduled to begin completion operations within the next two weeks once the drilling rig has moved out and all the equipment for the fracture stimulations has moved in and is rigged up. Recently Completed Wells and Field Update: The Company reported that the Barnes 8-3H well, which is company's first T-zone well utilizing company's latest completion technique and has been on production for just over 2 1/2 months, is currently producing in line with management's forecasted production. The production from its earlier T-zone wells had declined much harder at this stage. Achieving commercial rates from the T-zone could add many additional well locations and reserves that are not currently reflected in company's reserve estimates. The T-zone formation is present over company's entire acreage block and is thus potentially very significant to the Company. The current production from the Barnes 8-2H well in the Lower Caney is within management’s forecasted production band range. The Barnes 8-1H well, which is in the Upper Caney, is producing just below management’s expected forecasted production band range. As company previously disclosed, while the Barnes 8-1H is still economic, the Company plans to place company's future Caney wells in the Lower Caney formation. The gathering system operator for the field has had issues for much of August, which resulted in the Company’s production being restricted from the entire field. The issues are being resolved and the production is rebounding. Annonce • Jul 14
Kolibri Global Energy Inc. Starts Drilling on the Barnes 7-5H on July 14, 2023 Kolibri Global Energy Inc. announced drilling on the Barnes 7-5H well will start on July 14, 2023. After drilling is completed, the rig will move to the Barnes 7-4H well to begin drilling. Both of these wells will be drilled in the Caney formation. Annonce • Jul 07
Kolibri Global Energy Inc. Announces Three More Successful Wells Adding over 1,500 Boepd to Production Kolibri Global Energy Inc. announced three more successful wells in its Tishomingo field in Oklahoma, which have been adding over 1,500 barrels of oil equivalent per day (“BOEPD”) to the Company’s production. The Barnes 8-1H, 8-2H, and 8-3H wells were drilled and completed under budget and are still cleaning up after the fracture stimulations. The two Caney formation wells, the Barnes 8-1H and 8-2H, have produced at a 12-day average rate of 465 BOEPD (375 Barrels of oil per day “BOPD”) and 565 BOEPD (455 BOPD), respectively. For the last five days, the Barnes 8-1H has averaged 500 BOEPD (400 BOPD), and the Barnes 8-2H has averaged 590 BOEPD (470 BOPD). These wells were the first down-spacing wells in the field and were drilled at a 6 well per section spacing pattern with the Barnes 8-1H in the upper Caney, and the Barnes 8-2H in the lower Caney. The Barnes 8-3H well, which is in the T-zone formation and is located under and between the Barnes 8-1H and 8-2H wells, has an 11-day average rate of 445 BOEPD (315 BOPD) and has averaged 490 BOEPD (340 BOPD) for the last 5 days, with the last 2 days at 570 BOEPD (390 BOPD). Production optimization is currently in progress on all three of the wells. Wolf Regener, President, and CEO commented, “We are very pleased to have these three wells on production and look forward to seeing how they continue to perform. While it’s early, these wells are on track to confirm belief that the down spacing of the field is economic, which would enable much more production from this field. The T-Zone, Barnes 8-3H well is also exciting, as it is producing at higher oil rates than previous T-zone wells and is not currently showing signs of decline. Achieving commercial rates from the T-zone could add many additional well locations and reserves that are not currently reflected in reserve estimates. The T-zone formation is present over entire acreage block and is thus potentially very significant to the Company. Over the coming months, the company we will be gathering data from these wells, which will be used to further optimize reserve recoveries from the field. Annonce • May 26
Kolibri Global Energy Inc. Finishes Drilling the First 3 Wells of Its 2023 Drilling Program Kolibri Global Energy Inc. announced that it has successfully drilled and cased the first three wells of its 2023 drilling program in its Tishomingo field in Oklahoma. All three wells were successfully drilled under budget and into their targeted formations. The Barnes 8-1H and 8-2H wells are in the Caney formation, and the Barnes 8-3H is in the T-zone. The company will be zipper fracking all three wells beginning this weekend, and flowback will start once all stages have been completed in all of the wells. In addition, the location for the next two wells in 2023 drilling program has been built. The drilling rig is expected to arrive sometime in July. Annonce • May 13
Kolibri Global Energy Inc., Annual General Meeting, Jul 13, 2023 Kolibri Global Energy Inc., Annual General Meeting, Jul 13, 2023. Annonce • Jan 18
Kolibri Global Energy Inc. Provides Update on the 30-Day Initial Production Rate of Its Glenn 16-3H Well in Its Tishomingo Field in Oklahoma Kolibri Global Energy Inc. provided an update on the 30-day Initial Production Rate (“IP30”) of its Glenn 16-3H well in its Tishomingo field in Oklahoma. Glenn 16-3H Well: The Glenn 16-3H well (100% working interest) has averaged about 990 Barrels of oil equivalent (“BOEPD”) (805 Barrels of oil per day (“BOPD")) for thirty production days while the well has been flowing back the completion stimulation fluid. Annonce • Jan 10
Kolibri Global Energy Inc. Provides Update on the Production Exit Rate and its Latest Wells in its Tishomingo Field in Oklahoma Kolibri Global Energy Inc. provided an update on the production exit rate and its latest wells in its Tishomingo field in Oklahoma. The Company exited the year with a production rate over 4,000 BOEPD (barrels of oil equivalent per day). This is 1,300 BOEPD, or 48% higher than the Company's forecasted exit rate released in May of 2022. The Emery 17-2H well (98.725% working interest) had a 30-day Initial Production Rate (IP30) of 715 BOEPD (560 BOPD) (barrels of oil per day). The Brock 9-3H well (100% working interest) had an IP30 of 970 BOEPD (820 BOPD). The Glenn 16-3H well (100% working interest) has averaged about 935 BOEPD (765 BOPD) for twenty-two production days while the well has been flowing back the completion stimulation fluid. The production from this well had been halted for a portion of December due to a packer malfunction, but production had resumed on the well by the end of the month.